Stereotaxis Inc.: The Winning Streak Continues (STXS)

February 26, 2021 12:32:39

Stereotaxis Inc. (NYSE American:STXS) traded today at a new 52-week high of $7.75. Approximately 718,000 shares have changed hands today, as compared to an average 30-day volume of 359,000 shares.

Stereotaxis Inc is engaged in robotic technologies designed to enhance the treatment of arrhythmias and perform endovascular procedures. The company’s mission is the discovery, development, and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide patient care with robotic precision and safety, improved lab efficiency and productivity, and enhanced integration of procedural information. The company’s revenue generation is bifurcated into 3 segments that are Systems, Disposables, service, and accessories, and Sublease, out of which the majority of revenue is generated from the Disposables, service and accessories segment. The company generates the majority of revenue from the United States.

Stereotaxis Inc. (NYSE American:STXS) is currently priced 37.4% above its average consensus analyst price target of $4.57.

In the past 52 weeks, shares of Stereotaxis Inc. have traded between a low of $1.70 and a high of $7.75 and is now at $7.30, which is 329% above that low price.

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